Domestic Demand in New Zealand
In the year 2024, the domestic demand in New Zealand was -0.84%, compared to 5.03% in 2014 and -0.59% in 2023. It averaged 3.40% over the last decade.
New Zealand Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for New Zealand from 2023 to 2022.
Source: Macrobond.
New Zealand Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 3.2 | -1.7 | 10.0 | 4.3 | -0.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects New Zealand demand projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for New Zealand demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our New Zealand demand projections.
Want to get access to the full dataset of New Zealand demand forecasts? Send an email to info@focus-economics.com.